About the IAFF Financial Corporation
To better serve IAFF members and all government employees, we have created the IAFF Financial Corporation. The IAFF-FC is a for-profit corporation whose only shareholder is the International Association of Fire Fighters. The mission of the IAFF-FC is to provide outstanding service, numerous investment options, and insurance protection, all with competitive pricing. And the service partners we have selected are nationally respected industry experts.
With meticulous attention to detail and expert legal counsel, our Corporate Board has crafted the IAFF-FC programs.
For more information about the IAFF Financial Corporation, visit www.iaff-fc.com.
About Security Benefit
Eleven visionary men with $11 pooled their money at a Topeka, Kansas, drugstore to create the Knights and Ladies of Security, which was officially chartered on Feb. 22, 1892. Through wars and natural disasters, epidemics and economic upheavals, the company has distinguished itself through the decades as a nationally recognized pioneer in financial performance, product and program innovation, customer service, and employment practices. From its inception when assets could have been easily contained in a child’s bank, Security Benefit has evolved into a leader in the U.S. retirement market with assets under management reaching $41.1 billion.1 Our financial strength is further reflected in A- ratings from A.M. Best, Fitch Ratings, and Standard & Poor’s .2
2The ratings reflect the financial strength of the insurer and should not be considered to have any bearing on the investment performance of assets held in any SBL separate account. Rating agencies take many factors into account when assigning a financial strength or claims-paying rating to an insurer. For a more complete understanding of the reasons for the ratings assigned to SBL, please refer to the ratings assessment.
Our founding principles of wisdom, protection, and security complement a strategic focus built on the belief that everyone deserves an opportunity to achieve financial security. It’s been our legacy for more than 128 years and it’s one we’re proud of and determined to preserve.
Few companies have been in business as long as we have. We attribute our longevity to a nimble business model and the unparalleled importance we place on our partnerships.
For more than 50 years, we’ve focused exclusively on the retirement savings market, offering inventive, simplified savings solutions to help individuals To and Through Retirement®.
Annuities are issued by Security Benefit Life Insurance Company (SBL) in 48 states, plus the District of Columbia. SBL is not licensed in and does not transact business in Idaho and New York.
1As of 12/31/2019, SBL’s total admitted assets were $36.4 billion and liabilities were $33.4 billion. Total adjusted capital (TAC) of $3.5 billion includes $3.0 billion of capital and surplus plus $.5 million of asset valuation reserves.